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Navigating the Division of Rare and Valuable Collectibles in High Asset Divorces
Divorce is undoubtedly one of the hardest things you’ll go through, and when valuable assets are involved, it can become even more complex. One of the key aspects of a divorce settlement is the division of assets, including any rare and valuable collectibles that you and your spouse may have accumulated over the years. Unfortunately, […]
Protecting Your Venture Capital Interests in High Asset Divorces
High-asset divorces come with a variety of unexpected challenges and hurdles that other couples don’t have to handle. Generally, the more money a couple has, the harder it is to split up their assets when they divorce. While a couple of standard means may have retirement accounts, a couple of bank accounts, and a family […]
Does Child Support Cover Your Kid’s Extracurricular Activities?
Raising a child is expensive. Even when you use secondhand kids’ items, choose hand-me-down clothes, and use other resources available to you, raising a child to adulthood costs hundreds of thousands of dollars. When you add in extracurricular activities, the bill gets even higher. This raises the question: how are extracurricular activities handled when it […]
Can I Move Out of the Area with My Child After a West Virginia Divorce?
Divorce brings significant changes in every area of life, and for many, relocation is a necessary transition. But when relocation occurs after a divorce, you have to go through additional legal steps to ensure that you can move with your child. As is the case with any court case that involves children, West Virginia courts […]
Are Non-Custodial Parents Responsible for College Tuition in West Virginia?
There’s no shortage of challenges in a West Virginia divorce, and for many couples, children’s college funding is a source of contention. College expenses have increased dramatically in recent years, far outpacing income growth and making college inaccessible for a growing number of college students. It’s important, then, for couples to decide early on how […]
Dividing a Variable Annuity in a West Virginia Divorce Settlement
/by Pence Law Firm PLLCWhen going through a West Virginia divorce, dividing assets can be a complex and challenging part of the process. One particular asset that may need to be divided is a variable annuity. In this blog post, we will discuss what variable annuities are, how they are valued, and the steps involved in dividing them during […]